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Alias Born | 11/28/2016 |
Saturday, July 29, 2023 11:52:24 AM
There is a reverse split and as increase to 1B both on the table for the shareholder meeting on Thursday. If They vote yes this stock is toast. If They vote no this stock will fly. IMO, big day on Thursday. This type of a vote always confuses me (and by confused I mean enraged) no retail trader or regular investor will willingly vote for things like as increase and rs because it will fuck them over. So if the vote passes that means they timed this merger for when the majority holders were insiders and or firms that are going to benefit on the other side.
Criminal bullshit if they vote for a reverse split and crucify retail investors after bringing them in with this merger
IMO the RS vote is 50/50 and the AS increase will be voted down for sure. Hoping for a no on both
Recent INPX News
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